Old Dominion Company Leadership

ODFL Stock  USD 195.06  24.22  11.05%   
Old Dominion's insiders are aggressively selling. The current insiders' sentiment of investing in Old Dominion Freight suggests that most insides are panicking. Old Dominion employs about 22.9 K people. The company is managed by 21 executives with a total tenure of roughly 184 years, averaging almost 8.0 years of service per executive, having 1090.57 employees per reported executive.
David Congdon  Chairman
Vice Chairman and CEO
Earl Congdon  Chairman
Executive Chairman

Old Dominion's Insider Buying Vs Selling

0

 
Selling
 
Buying

Latest Trades

2024-02-27John D KasardaDisposed 15944 @ 221.08View
2023-11-10David S CongdonDisposed 48200 @ 195.3View
2023-11-08David S CongdonDisposed 24000 @ 195.08View
2023-10-16Tommy TubervilleDisposed @ 206.21
2023-08-11Thomas A Stith IIIDisposed 450 @ 205.83View
2023-08-10Steven W HartsellDisposed 806 @ 202.67View
Monitoring Old Dominion's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Old Dominion's Workforce Through the Years

Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with Old Dominion's future performance. Based on our forecasts, it is anticipated that Old will maintain a workforce of about 22900 employees by May 2024.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Old Dominion's latest congressional trading

Congressional trading in companies like Old Dominion Freight, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Old Dominion by those in governmental positions are based on the same information available to the general public.
2023-10-16Senator Thomas H TubervilleAcquired Under $15KVerify
2023-05-25Representative Zoe LofgrenAcquired Under $15KVerify
2021-03-29Senator Tommy TubervilleAcquired Under $15KVerify

Old Dominion Management Team Effectiveness

The company has return on total asset (ROA) of 0.1981 % which means that it generated a profit of $0.1981 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3134 %, meaning that it created $0.3134 on every $100 dollars invested by stockholders. Old Dominion's management efficiency ratios could be used to measure how well Old Dominion manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Old Dominion's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.24 this year, although the value of Return On Capital Employed will most likely fall to 0.18. At this time, Old Dominion's Return On Assets are quite stable compared to the past year. Asset Turnover is expected to rise to 1.58 this year, although the value of Other Current Assets will most likely fall to about 89.5 M.

Old Dominion Quarterly Income Before Tax

425.32 Million

Net Income Applicable To Common Shares is expected to rise to about 1.7 B this year, although the value of Common Stock Shares Outstanding will most likely fall to about 142.7 M.

Old Dominion Workforce Comparison

Old Dominion Freight is considered to be number one stock in number of employees category among related companies. The total workforce of Industrials industry is now estimated at about 48,026. Old Dominion totals roughly 22,902 in number of employees claiming about 48% of equities under Industrials industry.

Old Dominion Profit Margins

The company has Profit Margin (PM) of 0.21 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.28 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.28.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.660.3404
Way Up
Very volatile
Net Profit Margin0.220.2113
Sufficiently Up
Slightly volatile
Operating Profit Margin0.290.2797
Sufficiently Up
Slightly volatile
Pretax Profit Margin0.290.2809
Sufficiently Up
Slightly volatile
Return On Assets0.240.2249
Notably Up
Slightly volatile
Return On Equity0.310.2911
Notably Up
Slightly volatile

Old Dominion Insider Trading History

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Old Dominion insiders, such as employees or executives, is commonly permitted as long as it does not rely on Old Dominion's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Old Dominion insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2024-06-01
0.875
7
8
 5,108 
 7,233 
2024-03-01
0.3571
30
84
 32,608 
 106,239 
2023-09-01
0.2
1
5
 449.00 
 21,378 
2023-06-01
0.75
9
12
 4,284 
 15,169 
2023-03-01
0.2881
17
59
 35,104 
 43,827 
2022-06-01
9.0
9
1
 4,914 
 116.00 
2022-03-01
0.3958
19
48
 51,275 
 21,631 
2021-06-01
9.0
9
1
 4,905 
 545.00 
2021-03-01
0.5366
22
41
 58,833 
 18,833 
2020-06-01
2.6667
8
3
 8,000 
 78,900 
2020-03-01
0.3871
12
31
 26,847 
 8,370 
2019-06-01
0.7
7
10
 5,642 
 22,568 
2019-03-01
0.4643
13
28
 40,723 
 129,303 
2018-09-01
0.5
2
4
 162,480 
 132,398 
2018-06-01
0.75
12
16
 8,109 
 91,452 
2018-03-01
1.0
10
10
 19,045 
 1,820 
2017-09-01
0.2
1
5
 12,987 
 105,271 
2017-06-01
0.6364
7
11
 8,050 
 3,020 
2017-03-01
2.4
12
5
 23,920 
 8,838 
2016-12-01
0.1538
2
13
 651,370 
 722,682 
2016-06-01
6.0
18
3
 42,850 
 12,925 
2016-03-01
0.5556
5
9
 9,726 
 29,737 
2015-09-01
1.0
13
13
 761,960 
 521,727 
2015-06-01
1.125
9
8
 21,447 
 3,886,459 
2015-03-01
3.0
9
3
 20,698 
 74,760 
2014-12-01
0.1667
1
6
 699.00 
 114,194 
2014-09-01
1.0
4
4
 521,721 
 284,974 
2014-06-01
8.0
8
1
 10,262 
 1,380 
2014-03-01
1.6667
15
9
 231,546 
 176,909 
2013-12-01
1.3636
15
11
 1,755,598 
 64,239 
2013-09-01
0.6
3
5
 217,845 
 395,317 
2013-03-01
5.5
11
2
 103,096 
 61,045 
2012-12-01
1.2
6
5
 64,572 
 333,191 
2012-06-01
0.8333
10
12
 214,541 
 1,158,552 
2011-12-01
1.2
6
5
 50,446 
 99,610 
2011-09-01
2.5
5
2
 16,014 
 78,228 
2011-06-01
7.0
14
2
 230,113 
 424,476 
2011-03-01
5.0
10
2
 17,901 
 16,056 
2010-12-01
0.0472
12
254
 9,015 
 1,677,537 
2010-09-01
0.0046
1
218
 6,021 
 899,576 
2010-06-01
1.5
9
6
 18,792 
 118,937 
2010-03-01
8.0
8
1
 18,671 
 30.00 
2009-12-01
2.1667
13
6
 11,887 
 105,067 
2009-09-01
0.5
1
2
 200.00 
 2,003 
2009-06-01
6.0
6
1
 6,666 
 6,604 
2008-12-01
3.3333
10
3
 6,587 
 997,627 
2008-06-01
0.5
7
14
 7,126 
 5,000 
2008-03-01
3.5
14
4
 40,052 
 88,490 
2007-12-01
3.875
31
8
 2,115,007 
 961,370 
2006-12-01
1.625
13
8
 248,515 
 149,816 
2006-06-01
2.0
8
4
 703,195 
 467,579 
2006-03-01
3.5
7
2
 11,781 
 80,000 
2005-12-01
0.9167
11
12
 718,250 
 1,249,611 
2005-09-01
0.8333
5
6
 14,625 
 14,926 
2005-06-01
1.0
2
2
 443,472 
 222,271 
2005-03-01
5.0
5
1
 202,617 
 153,463 
2004-12-01
0.6667
2
3
 9,000 
 9,000 
2004-06-01
0.1429
4
28
 7,500 
 1,075,538 
2004-03-01
3.0
3
1
 48,691 
 47,691 
2003-09-01
0.4348
10
23
 29,250 
 42,000 

Old Dominion Notable Stakeholders

An Old Dominion stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Old Dominion often face trade-offs trying to please all of them. Old Dominion's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Old Dominion's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
David CongdonVice Chairman and CEOProfile
Earl CongdonExecutive ChairmanProfile
David BatesSenior Vice President - OperationsProfile
Kevin FreemanSenior Vice President - SalesProfile
Gregory PlemmonsSenior Vice President - SalesProfile
Ross ParrVice President - Legal Affairs, General Counsel, SecretaryProfile
Christopher BrooksSenior Vice President of Human Resources & SafetyProfile
Adam SatterfieldCFO, Sr. VP of Fin. and Assistant SecretaryProfile
Greg GanttPres and COOProfile
Cecil OverbeySr. VP of Marketing Pricing and Strategic Devel.Profile
Michael WrayIndependent DirectorProfile
Patrick HanleyIndependent DirectorProfile
Sherry AaholmIndependent DirectorProfile
Robert CulpLead Independent DirectorProfile
Bradley GaboschIndependent DirectorProfile
John KasardaIndependent DirectorProfile
Leo SuggsIndependent DirectorProfile
John CongdonDirectorProfile
Sam FaucetteVice ComplianceProfile
Kimberly MareadyPrincipal Accounting OfficerProfile
Steven HartsellSenior SalesProfile

About Old Dominion Management Performance

The success or failure of an entity such as Old Dominion Freight often depends on how effective the management is. Old Dominion management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Old management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Old management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.22  0.24 
Return On Capital Employed 0.33  0.18 
Return On Assets 0.22  0.24 
Return On Equity 0.29  0.31 
The data published in Old Dominion's official financial statements usually reflect Old Dominion's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Old Dominion Freight. For example, before you start analyzing numbers published by Old accountants, it's critical to develop an understanding of what Old Dominion's liquidity, profitability, and earnings quality are in the context of the Ground Transportation space in which it operates.
Please note, the presentation of Old Dominion's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Old Dominion's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Old Dominion's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Old Dominion Freight. Please utilize our Beneish M Score to check the likelihood of Old Dominion's management manipulating its earnings.

Old Dominion Workforce Analysis

Traditionally, organizations such as Old Dominion use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Old Dominion within its industry.

Old Dominion Manpower Efficiency

Return on Old Dominion Manpower

Revenue Per Employee256.1K
Revenue Per Executive279.3M
Net Income Per Employee54.1K
Net Income Per Executive59M
Working Capital Per Employee26.1K
Working Capital Per Executive28.5M
When determining whether Old Dominion Freight is a strong investment it is important to analyze Old Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Old Dominion's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Old Dominion Freight information on this page should be used as a complementary analysis to other Old Dominion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Old Dominion's price analysis, check to measure Old Dominion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Old Dominion is operating at the current time. Most of Old Dominion's value examination focuses on studying past and present price action to predict the probability of Old Dominion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old Dominion's price. Additionally, you may evaluate how the addition of Old Dominion to your portfolios can decrease your overall portfolio volatility.
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Is Old Dominion's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Dominion. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.008
Dividend Share
0.8
Earnings Share
5.64
Revenue Per Share
26.805
Quarterly Revenue Growth
0.003
The market value of Old Dominion Freight is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Dominion's value that differs from its market value or its book value, called intrinsic value, which is Old Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Dominion's market value can be influenced by many factors that don't directly affect Old Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.